Magnit (MGNT.ME) - Cash on Hand

Cash on Hand as of June 2023 : £2.66 Billion

According to Magnit 's latest financial reports the company has £2.66 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Magnit - Cash on Hand chart (from 2010 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	£3.53 B	384.01%
2021-12-31	£0.72 B	64.62%
2020-12-31	£0.44 B	280.9%
2019-12-31	£0.11 B	-41.98%
2018-12-31	£0.20 B	-15.85%
2017-12-31	£0.23 B	14.52%
2016-12-31	£0.20 B	159.33%
2015-12-31	£80.24 M	-60.63%
2014-12-31	£0.20 B	84.41%
2013-12-31	£0.11 B	-56.33%
2012-12-31	£0.25 B	71.81%
2011-12-31	£0.14 B	40.63%
2010-12-31	£0.10 B	-55.31%
2009-12-31	£0.23 B	188.82%
2008-12-31	£81.17 M	20.56%
2007-12-31	£67.33 M	43.34%
2006-12-31	£46.97 M	77.81%
2005-12-31	£26.41 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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